The Chicago police pension fund is in dire fiscal shape. Yet, some lawmakers actively seek to worsen the situation.
House Bill 4659, filed Feb. 7 by state Rep. Robert Martwick D-Chicago, seeks to add even more costs to police pensions without any guarantee the money will be available to pay retirees.
If passed, this bill would lower the age of when a Chicago police officer can retire, from 60 to 55 years of age. Simultaneously, the bill also expands the automatic annual retirement annuity increase from 1.5 percent to 3 percent, driving up costs even further.
Sign the petition today to tell your lawmaker to oppose increasing the costs of broken Chicago police pensions without a pathway to protect retirees in the future.